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UK economy sees surprise growth of 0.5% in February
Britain's economy grew faster than expected in February, as the services and manufacturing sectors picked up after recent slow activity, official figures show. The Office for National Statistics (ONS) said gross domestic product (GDP) grew by 0.5%, surprising economists who had forecast no economic growth.
The Pound Euro ( GBP/EUR) exchange rate slumped on Thursday as US President Donald Trump announced a 90-day pause on his ...
The British pound is affected by UK inflation and budget announcements Bank of England may be prepared to cut interest ...
warns that the latest data represents just “a momentary reprieve for UK consumers”. “Some might see this as the calm before the storm after several forecasts have suggested that inflation ...
The GBP/USD outlook shows unexpected strength in the UK economy, which has propelled the pound towards weekly highs.
The Office for Budget Responsibility has cut the UK's growth and productivity projections for this year while hiking inflation and debt projections. The developments presented the Chancellor of ...
It does not necessarily reflect the view of The Herald. UK economic growth forecasts have been slashed in half for this year as inflation increases more sharply, according to the fiscal watchdog ...
British finance minister Rachel Reeves, facing a weak economy, trimmed her spending plans in a budget update on Wednesday that gave some reassurance to investors, but the risks of a global trade war ...
Economic growth forecasts have been slashed in half for this year as inflation increases more sharply, according to the fiscal watchdog. The Government’s official forecaster has also warned that ...
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